PPL (PPL) Stock Price, News & Analysis

Company Overview

PPL Corporation, an energy company, focuses on providing electricity and natural gas to approximately 3.6 million customers in the United States. It operates through three segments: Kentucky Regulated, Pennsylvania Regulated, and Rhode Island Regulated. The company delivers electricity to customers in Pennsylvania, Kentucky, Virginia, and Rhode Island; delivers natural gas to customers in Kentucky and Rhode Island; and generates electricity from power plants in Kentucky. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.

Key Stats

• Today's Range: $34.79 to $35.15
• 50-Day Range: $31.47 to $35.00
• 52-Week Range: $25.35 to $35.15
• Volume: 2.35 million shs
• Average Volume: 4.89 million shs
• Market Capitalization: $25.78 billion
• P/E Ratio: 31.19
• Dividend Yield: 2.95%
• Price Target: $35.50
• Consensus Rating: Moderate Buy

PPL Stock Analysis - MarketRank™

PPL scored higher than 81% of companies evaluated by MarketBeat, and ranked 38th out of 90 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

PPL has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 8 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

PPL has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 6.40%

Earnings Growth

Earnings for PPL are expected to grow by 6.40% in the coming year, from $1.72 to $1.83 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of PPL is 31.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.43.

Price to Earnings Ratio vs. Sector

The P/E ratio of PPL is 31.21, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 80.78.

Price to Earnings Growth Ratio

PPL has a PEG Ratio of 3.02. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

PPL has a P/B Ratio of 1.83. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.05% of the float of PPL has been sold short.

Short Interest Ratio / Days to Cover

PPL has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in PPL has recently decreased by 3.70%, indicating that investor sentiment is improving.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

PPL pays a meaningful dividend of 2.94%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

PPL does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of PPL is 91.97%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, PPL will have a dividend payout ratio of 56.28% next year. This indicates that PPL will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -8.27

Percentage of Shares Shorted

2.05% of the float of PPL has been sold short.

Short Interest Ratio / Days to Cover

PPL has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in PPL has recently decreased by 3.70%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: N/A

News Sentiment

PPL has a news sentiment score of -0.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.48 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 1 news article for PPL this week, compared to 2 articles on an average week.

Search Interest

21 people have searched for PPL on MarketBeat in the last 30 days. This is an increase of 75% compared to the previous 30 days.

MarketBeat Follows

7 people have added PPL to their MarketBeat watchlist in the last 30 days. This is an increase of 75% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, PPL insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $314,680.00 in company stock.

Percentage Held by Insiders

Only 0.22% of the stock of PPL is held by insiders.

Percentage Held by Institutions

76.99% of the stock of PPL is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PPL Stock Analysis - Frequently Asked Questions

How have PPL shares performed this year?

PPL's stock was trading at $27.10 at the beginning of 2024. Since then, PPL shares have increased by 29.0% and is now trading at $34.96.
View the best growth stocks for 2024 here.

How were PPL's earnings last quarter?

PPL Co. (NYSE:PPL) released its quarterly earnings results on Friday, November, 1st. The utilities provider reported $0.42 earnings per share for the quarter, hitting the consensus estimate of $0.42. PPL's revenue was up 1.1% compared to the same quarter last year.
Read the conference call transcript.

Does PPL have any subsidiaries?

PPL subsidiaries include Safari Energy, AES Ironwood, AES Prescott, CEP Reserves Inc., Kentucky Utilities Company, LG&E and KU Energy LLC, Louisville Gas and Electric Company, and others.

Who are PPL's major shareholders?

Top institutional shareholders of PPL include State Street Corp (4.94%), Wellington Management Group LLP (4.75%), Franklin Resources Inc. (4.71%) and Geode Capital Management LLC (2.33%). Insiders that own company stock include Vincent Sorgi, David J Bonenberger, Joseph P Bergstein Jr, Stephanie R Raymond, John R Crockett III and Gregory N Dudkin.
View institutional ownership trends.

How do I buy shares of PPL?

Shares of PPL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of PPL own?

Based on aggregate information from My MarketBeat watchlists, some other companies that PPL investors own include NVIDIA (NVDA), Verizon Communications (VZ), JPMorgan Chase & Co. (JPM), AbbVie (ABBV), AT&T (T), Exxon Mobil (XOM) and Chevron (CVX).

Company Calendar

• Ex-Dividend for 10/1 Dividend: 9/10/2024
• Dividend Payable: 10/01/2024
• Last Earnings: 11/01/2024
• Today: 11/29/2024
• Ex-Dividend for 1/2 Dividend: 12/10/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/02/2025
• Next Earnings (Estimated): 2/21/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: Electric services
• Sub-Industry: Electric Utilities
• Current Symbol: NYSE:PPL
• CUSIP: 69351T10
• CIK: 922224
• Web: www.pplweb.com
• Phone: (610) 774-5151
• Fax: 610-774-5106
• Employees: 6,629
• Year Founded: 1920

Price Target and Rating

• Average Stock Price Target: $35.50
• High Stock Price Target: $52.00
• Low Stock Price Target: $28.00
• Potential Upside/Downside: +1.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.12
• Trailing P/E Ratio: 31.19
• Forward P/E Ratio: 20.31
• P/E Growth: 3.02
• Net Income: $740 million
• Net Margins: 9.95%
• Pretax Margin: 12.40%
• Return on Equity: 9.20%
• Return on Assets: 3.25%

Debt

• Debt-to-Equity Ratio: 1.17
• Current Ratio: 1.29
• Quick Ratio: 1.07

Sales & Book Value

• Annual Sales: $8.31 billion
• Price / Sales: 3.10
• Cash Flow: $3.41 per share
• Price / Cash Flow: 10.25
• Book Value: $19.10 per share
• Price / Book: 1.83

Miscellaneous

• Outstanding Shares: 737,970,000
• Free Float: 736,346,000
• Market Cap: $25.78 billion
• Optionable: Optionable
• Beta: 0.81